1. CHAPTER
Monetary
Policy 26

2. EXHIBIT 1
THE DEMAND FOR MONEY CURVE

3. EXHIBIT 2
THE EQUILIBRIUM INTEREST RATE

4. EXHIBIT 3
THE EFFECT OF CHANGE IN THE MONEY SUPPLY

5. EXHIBIT 4
THE KEYNESIAN MONETARY POLICY TRANSMISSION MECHANISM

6. EXHIBIT 5
THE EFFECT OF EXPANSIONARY MONETARY POLICY ON AGGREGATE DEMAND

7. EXHIBIT 5
THE EFFECT OF EXPANSIONARY MONETARY POLICY ON AGGREGATE DEMAND (Continued)

8. EXHIBIT 6
THE MONETARIST MONETARY POLICY TRANSMISSION MECHANISM

9. EXHIBIT 7 THE VELOCITY OF MONEY, 1930–2003
Source: Economicmagic, Most Requested Series,

10. EXHIBIT 8
COMPARISON OF MACROECONOMIC THEORIES

11. EXHIBIT 9
THE GREAT DEPRESSION ECONOMIC DATA, 1929–1934

12. EXHIBIT 9
THE GREAT DEPRESSION ECONOMIC DATA, 1929–1934 (Continued)

13. EXHIBIT A-1
OPPOSING ANTI-RECESSION THEORIES

14. EXHIBIT A-2
OPPOSING ANTI-INFLATION THEORIES